The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1887-05-06

the Foairy ~ t~< s@~@ ~'f~ 49, ---.
Not 20 discourage Europ~aa Capital
nsus 90 Forc~ Capitalists Ahroao 90 In
vest a Honestly.
Certain American citizens who
crossed the Atlantic not long ago with
thc intention u selling In England Or
Holland great slices 81 unimprovcd
land in our Territories have been
brought mp with a round :nrn BY the
passage Of the so-callcd Alien Land
lords act. Ono Of them was ex-Sena-
tor stephen w. Dorsey. who il said 20
have had several millions o. acres 70
sell. and whose elaborate dinners In
London. have attracted the attention Of
the Associated rr0s. Other Ameri-
cans have been ,ffering 70 foreign in
yestors trific Of 10000. 600 acres (er
two and one-half times the area Of the
State Of New lork) situated some
where In the wonderful Southwest.
where enormous ranches and bound
less Spanish grants grow from nothing
In single night. But the foreigners
ardor has suddenly been chilled and
the American spectators have been
discouraged BY the news that the
United States Government proposes 70
keep the land for American citizens
Our London correspondent says that
the English will not buy. They dis
play much anxiety concerning invest
mcnts heretofore made in American
lands and will take no more risks.
The largest company Of negotiating
agents in Europe has resolved that i
will no longer deal in our Territorial
lands or securities. Tho act Of Con-
gress that has so dattencd out the
market for American grants and
ranches has been cabled 10 South
Africa. and probably TO other col
onics, to make . boom in real estate
there. upon the assumption that ths
stream Of English capital will be di
verted from American grazing dis
tricts to lands under the protection O
British laws.
Possibly the Englishmen will mo-
suffer by reason of this new law. Ow
ing to the activity Of our General Lane
Office the detection of almost innumer
able cases Of fraud on our public land
promises to unsctfle the titles" Q
some vast estates built up by fraudu
lent entry. Even il the Alien Land
lords act were not on the statute bool
the purchase Of some Of these expande'
grants and ranches might be a profit
I less transaction. Even ex-senator Dor
sey's great ranch has been shorn Q
some Of its outlying principalities
4 At the command Of the Presiden
he has taken down fifty miles Of fenc
bv which he had inclosed great trac
| TO which he had no title. The EXPANDS
I Maxwell grant. so well known in Hol
\ land. Is still in the courts. Fedora
! officers are reporting every week eS
\ banded Spanish grants for reclamation
\ The large investment made by Scottis
. capitalists in Humboldt County, Cal
! Is in danger. because the lands in qne'
ton were obtained by the bodies
frand. and the Government Is prose
cutting the thieves with the purpose (
furnishing them and recovering II
plumber.
n Congress has very properly undo
taken TO prevent the establishment !
the landlord and tenant system I
Great Britain in our Territories To
many large tracts Of land in the Il
West are already held by Engli-
peers 1t was intended by those wi
made our laws for the distribute
Of public land that the land shou
90 into the hands Of actual settle
in small parcels. Their purpose b
been defeated in thousands Of cas-
Nv fraud. Possibly the Alien Landlo
bill would not have been passed il q
tracts now held BY foreign capitals
hal not been procured fraudulent
These capitalists or tlrir agents ha
induced INSCRIPTIONS citizens TO col
nit the frauds BY which their estai
! have been created. or they have bong
, the estates from citizens who fraud
Icntly took them from the public 4
: main
Z We have land thieves enough Of Q
d own. and they are sufficiently acti'
e even when they are not stimulated
\ the use Of foreign capital The O.
: eminent Is now striving. in the face
= great obstacles. TO preserve for act'
y settlers the remnant Of our public lar
that has not been taken by syndica
Z and spectators. These lands